Western Australian Current Acts

BELL GROUP COMPANIES (FINALISATION OF MATTERS AND DISTRIBUTION OF PROCEEDS) ACT 2015

TABLE OF PROVISIONS

           Long Title
           Preamble

   PART 1 -- Preliminary  

   1.      Short title
            
   2.      Commencement
            
   3.      Terms used
            
   4.      Objects of this Act
            
   5.      Crown bound
            
   6.      Extraterritorial operation

   PART 2 -- Authority and Fund

           Division 1 -- WA Bell Companies Administrator Authority  

   7.      Authority established
            
   8.      Administrator appointed
            
   9.      Functions of the Authority
            
   10.     Powers of the Authority
            
   11.     Use of government staff
            
   12.     Delegation
            
   13.     Execution of documents by the Authority
            
   14.     Annual and final reports
            
   15.     Special reports

           Division 2 -- The WA Bell Companies Administrator Authority Fund  

   16.     Establishment of Fund
            
   17.     Investment of Fund
            
   18.     Administration expenses
            
   19.     Accounting for losses

           Division 3 -- Assumptions  

   20.     Assumptions entitled to be made
            
   21.     Assumptions

   PART 3 -- WA Bell Companies

           Division 1A -- WA Bell Companies continuing existence  

   21A.    WA Bell Companies continuing existence

           Division 1 -- Transfer of property  

   22.     Transfer of property
            
   23.     Notice to property holder
            
   24.     Steps to be taken to perfect transfer

           Division 2 -- Treatment of liabilities  

   25.     Treatment of liabilities

           Division 3 -- Voiding of Agreements  

   26.     Certain agreements voided

           Division 4 -- Administration of WA Bell Companies  

   27.     Authority to administer WA Bell Companies
            
   28.     Role of Authority as administrator of WA Bell Companies
            
   29.     Powers of other officers

           Division 5 -- Dissolution of WA Bell Companies  

   30.     Dissolution of companies

           Division 6 -- Miscellaneous  

   31.     Registration of documents to show effect of this Part

   PART 4 -- Completion of winding up of WA Bell Companies

           Division 1 -- Application of this Part  

   32.     Application of this Part in relation to certain interests

           Division 2 -- Information gathering  

   33.     Requirements on liquidator
            
   34.     Call for proof of liabilities

           Division 3 -- Reports and recommendations by the Authority  

   35.     Role of the Authority
            
   36.     Authority must seek submissions from affected creditors
            
   37.     Determination of property and liabilities
            
   38.     Reports to the Minister on property and liabilities
            
   39.     Recommendations with respect to liabilities
            
   40.     Recommendations with respect to funding or indemnities

           Division 4 -- Determinations of the Governor  

   41.     Governor may determine amounts and property: interim determinations
            
   42.     Governor may determine amounts and property: final determination
            
   43.     Determinations: general provisions

           Division 5 -- Giving effect to Governor’s determination  

   44.     Authority to make payments or transfer property

           Division 6 -- Release of Liquidator  

   45.     Release of liquidator

   PART 5 -- Winding up of the Authority and Fund  

   46.     Closure of the Fund
            
   48.     Vesting of property in the State
            
   49.     Reports on Authority’s functions

   PART 6 -- Application of Corporations Act  

   50.     Terms used
            
   51.     WA Bell Companies excluded from Corporations legislation
            
   52.     Displacement of certain provisions of Corporations legislation
            
   53.     Applying the Corporations legislation to WA Bell Companies
            
   53A.    Validity of certain provisions

   PART 7 -- Offences  

   54.     Scheme to avoid operation of Act or achievement of its objects
            
   55.     Certain deregistered companies not to be reinstated by certain persons
            
   56.     Dealings with property
            
   57.     Obstruction or hindrance of the Authority
            
   58.     Failure to comply with requirements
            
   59.     False information
            
   60.     Confidentiality of information
            
   61.     Liability of officers of body corporate for offence by body corporate
            
   62.     Further provisions relating to liability of officers of body corporate
            
   63.     Conduct on behalf of bodies corporate and principals
            
   64.     Continuing offences: daily penalties
            
   65.     Bringing prosecutions
            
   66.     Injunctions to ensure compliance with this Act

   PART 8 -- Miscellaneous  

   67.     Privilege
            
   68.     Effect of things done under Act
            
   69.     Protection of the Minister, the Authority and others
            
   70.     Protection of ICWA and others connected with it
            
   71.     Protection for compliance with the Act
            
   72.     Act not to give rise to liability against the State, Authority or Administrator
            
   73.     Stay of proceedings
            
   74.     No appeal or review
            
   75.     Conduct of inquiry
            
   76.     Judicial notice
            
   77.     Freedom of Information Act 1992
            
   78.     Power to obtain opinion
            
   79.     Constructive notice of contents of document
            
   80.     Translation of documents
            
   81.     Service of documents
            
   82.     Approved forms
            
   83.     Regulations
            
   84.      Expiry of Act
            
   85.     The Bell Group Companies (Finalisation of Matters and Distribution of Proceeds) Amendment Act 2016
           SCHEDULE 1 -- The WA Bell Companies
           SCHEDULE 2 -- The Bell litigation